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Hindalco Industries Limited (HINDALCO.BO)

BSE - BSE Real-time price. Currency in INR
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640.35-6.50 (-1.00%)
As of 10:33AM IST. Market open.
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Previous close646.85
Open629.95
Bid640.45 x 0
Ask640.95 x 0
Day's range608.40 - 646.55
52-week range407.30 - 714.85
Volume138,730
Avg. volume321,889
Market cap1.541T
Beta (5Y monthly)1.41
PE ratio (TTM)15.09
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield3.00 (0.43%)
Ex-dividend date14 Aug 2023
1y target estN/A
  • Reuters

    Hindalco-owned Novelis postpones US IPO

    "Novelis will continue to evaluate the timing of theoffering in the future," it said in a statement, without giving further details. The world's largest recycler of aluminum, whose customers include Coca-Cola, Ford and Jaguar LandRover, said last month it was targeting a valuation of up to $12.6 billion in its US IPO. Hindalco was looking to raise up to $945 million through the sale of 45 million shares at a price of $18 to $21 per share.

  • Reuters

    Aluminum recycler Novelis targets up to $12.6 billion valuation in US IPO

    (Reuters) -Novelis, owned by Indian billionaire Kumar Mangalam Birla's Hindalco Industries, is targeting a valuation of up to $12.6 billion in its initial public offering in the United States, the aluminum products maker said on Tuesday. The world's largest recycler of aluminum, whose customers include Coca-Cola, Ford, Jaguar LandRover, said its parent is looking to raise up to $945 million through the sale of 45 million shares at a price of $18 to $21 per share. After being on ice for the last two years, the IPO market is on the road to recovery as a booming stock market and economic resilience spur companies to list their shares.

  • Reuters

    Aluminum products maker Novelis makes US IPO filing public

    The company is moving ahead with a listing at a time when the U.S. IPO market is on a rebound this year, after a two-year lull, on hopes of a "soft landing" for the economy, where inflation falls without a recession or big job losses. Novelis is seeking to complete the planned IPO as soon as early June, Bloomberg News reported, citing people familiar with the matter. Novelis, a leading producer of flat-rolled aluminum products, did not immediately respond to a Reuters request for comment for more details on the IPO.